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Jes Staley is breaking Barclays’ hiring freeze for this person

Barclays hiring freeze

Jes Staley wants you

Do you have…

– a Masters Degree in Economics, Business Administration, Finance, or a closely related field?

Do you have…

– three years of experience in real estate banking, or as an analyst or associate in IBD?

Does your experience involve…

advising corporate clients on debt capital raising alternatives and facilitating transaction execution?

building financial models for mergers and acquisition transactions (Leveraged Buyouts, management buyouts, corporate merger consequences analysis, Accretion/Dilution); debt underwriting (credit capacity, optimal leverage, credit risk analysis), and corporate valuation?

applying advanced corporate finance techniques to interpret and forecast client’s integrated accounting statements (income statement, balance sheet and cash flows); Analyzing local, regional, national and international markets, including financial markets, and corporate tax and legal nuances?

performing due diligence in corporate and real estate transactions and preparing all materials and analyses necessary for internal approval processes; Analyzing advanced corporate finance solutions for companies requiring capital (secured mortgages, construction loans, sale leasebacks, CMBS)?

understanding of general accounting principles, financial reporting and terminology?

And do you have…

licensure in FINRA Series 7/79 and 63?

If so, Barclays wants you!

The UK-based investment bank, which employs around 20,000 people and is making another 1,400 of them redundant, has reportedly imposed a hiring freeze. Bloomberg reports that Barclays CEO Jes Staley is extending an existing hiring freeze which started in September.

The freeze was due to be reviewed in January but is reportedly being extended for, ‘a very long time.’ Barclays is trying to make 7,000 people redundant and has cut a net total of 3,000 people since 2012. However, Staley says attempts to cut further have been stymied by Barclays’ tendency to hire 10,000 people a year.

Henceforth, only business critical and low cost jobs will be filled.

Accordingly, Barclays is currently advertising no jobs in its markets division and only two jobs in its investment banking division. One of those jobs is for a low level ‘reconciliation services professional’, the other is for a New York-based VP in real estate investment banking, the job description for which is listed above. Do you match the criteria? If so, you have the dubious honor of being the only person Barclays is interested in hiring in the entire world now.


 

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